Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.93% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
3951
CALL
The Gap Inc
GAP
$7.23B
| $1.18M | ﹤0.01% |
49,900
-3,300
| -6% | -$75.2K |
|
3952
Stellantis
STLA
$21.7B
| $1.17M | ﹤0.01% |
89,988
-2,412,861
| -96% | -$32M |
|
3953
PUT
Avantor
AVTR
$9.32B
| $1.17M | ﹤0.01% |
55,700
-1,168,300
| -95% | -$26.3M |
|
|
INVX
3954
Innovex International
INVX
$1.96B
| $1.17M | ﹤0.01% |
83,951
+30,402
| +57% | +$456K |
|
3955
Invesco S&P MidCap Momentum ETF
XMMO
$7.11B
| $1.17M | ﹤0.01% |
9,475
-10,674
| -53% | -$1.35M |
|
3956
WSFS Financial
WSFS
$4.12B
| $1.17M | ﹤0.01% |
22,009
-40,241
| -65% | -$2.19M |
|
3957
Park National Corp
PRK
$3.76B
| $1.17M | ﹤0.01% |
6,818
-5,526
| -45% | -$998K |
|
3958
PUT
Ball Corp
BALL
$17.3B
| $1.17M | ﹤0.01% |
21,200
-3,200
| -13% | -$196K |
|
3959
Prospect Capital
PSEC
$1.07B
| $1.17M | ﹤0.01% |
+270,533
| New | +$1.3M |
|
3960
Sinclair Inc
SBGI
$992M
| $1.17M | ﹤0.01% |
72,227
-147,535
| -67% | -$2.49M |
|
3961
Portland General Electric
POR
$5.8B
| $1.17M | ﹤0.01% |
26,724
-443,102
| -94% | -$20.6M |
|
|
RAPT
3962
DELISTED
RAPT Therapeutics
RAPT
| $1.17M | ﹤0.01% |
92,213
-27,783
| -23% | -$353K |
|
|
BCOV
3963
DELISTED
Brightcove, Inc.
BCOV
| $1.17M | ﹤0.01% |
267,834
+130,250
| +95% | +$417K |
|
3964
PUT
United Therapeutics
UTHR
$25.8B
| $1.16M | ﹤0.01% |
3,300
-7,100
| -68% | -$2.61M |
|
3965
PUT
Antero Resources
AR
$11.1B
| $1.16M | ﹤0.01% |
33,200
-58,600
| -64% | -$1.77M |
|
3966
First Merchants
FRME
$2.68B
| $1.16M | ﹤0.01% |
29,146
-288,895
| -91% | -$11.7M |
|
|
LKFT
3967
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $1.16M | ﹤0.01% |
42,275
-225,079
| -84% | -$6.27M |
|
3968
Arq
ARQ
$84.6M
| $1.16M | ﹤0.01% |
153,470
+96,057
| +167% | +$632K |
|
3969
Cabaletta Bio
CABA
$437M
| $1.16M | ﹤0.01% |
511,613
-1,117,300
| -69% | -$3.92M |
|
3970
CALL
Southern Copper
SCCO
$143B
| $1.16M | ﹤0.01% |
13,405
+235
| +2% | +$23.5K |
|
3971
Sportsman's Warehouse
SPWH
$44.5M
| $1.16M | ﹤0.01% |
433,217
-207,837
| -32% | -$521K |
|
3972
PUT
Simon Property Group
SPG
$74.4B
| $1.15M | ﹤0.01% |
6,700
-2,000
| -23% | -$351K |
|
3973
PUT
DuPont de Nemours
DD
$18.5B
| $1.15M | ﹤0.01% |
12,030
-50,030
| -81% | -$5.2M |
|
|
NVX
3974
NOVONIX
NVX
$99M
| $1.15M | ﹤0.01% |
639,083
-22,530
| -3% | -$43.6K |
|
3975
Progress Software
PRGS
$1.66B
| $1.15M | ﹤0.01% |
17,646
+5,534
| +46% | +$370K |
|
Similar funds
Millennium Management's Q4 2024 Portfolio in Review
As of Q4 2024, Millennium Management held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Millennium Management opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Millennium Management's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Millennium Management added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Millennium Management's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Millennium Management fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Millennium Management's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Millennium Management opened 681 new positions and closed 810 in Q4 2024.
- Millennium Management's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.